Axis Capital Markets Limited, AXCap247 for short, is a financial services firm that is based in London, United Kingdom and provides prime brokerage services, leveraged foreign exchange trading, capital markets, and equity advisory services. They give traders access to several financial markets through their range of multi-asset trading platforms. There are multiple trading account options available to clients.
AxCap247 Review, Pros & Cons
- Multiple trading platforms
- Some educational tools
- Several financial assets
- No USA clients
- No live chat support
- Not the lowest spreads
- Limited standalone trading tools
In this detailed AxCap247 review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
AxCap247 was launched in 2013 to provide traders with suitable resources and platforms for trading multiple financial markets, including forex, stocks, indices, energies, and CFDs. Traders can gain access to a range of trading and learning tools, as well as a client support team.
Axis Capital Markets Limited (“AxCap247”) is a company registered in England and Wales (company number 08133033). It is authorized and regulated by the Financial Conduct Authority (589327). Axis Capital Markets Limited is a member of the London Stock Exchange.
Traders from different parts of the globe can open an account with the broker if their countries of residence permit online trading with international brokers.
Some AxCap247 features and products mentioned within this AxCap247 review may not be available to traders from certain countries because of legal restrictions.
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MetaTrader (MT4 & MT5)
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AxCap247 Trading Tools
There is an economic calendar on the broker’s website.
The research section of the broker’s website is packed with a selection of educational materials, such as market news, trading blogs, trading articles, and more.
AxCap247 offers the following trading instruments: forex, stocks, indices, energies, metals, and CFDs.
AxCap247 Accounts & Fees
Traders can choose from the two trading accounts, namely: Protrader and Protrader plus.
As broker fees can vary and change, there may be additional fees that are not listed in this AxCap247 review. It is imperative to ensure that you check and understand all of the latest information before you open an AxCap247 broker account for online trading.
The broker’s client support team is available to offer quick responses to clients’ inquiries, and they can be contacted through telephone, email, or by visiting the team at their physical official office in London.
AxCap247 Deposit & Withdrawal
The broker accepts the following payment methods for both account deposits and withdrawals:
- Credit/Debit cards, such as Visa, MasterCard
- Bank transfer
- E-payments, including Neteller and Skrill
AxCap247 Account Opening
To open an account, click on the ‘Open Live Account’ button and fill out the form. An email will be sent to you with your login details. You can proceed to fund your account and begin trading.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
AxCap247 is an online trading broker that strives to provide traders with competitive trading conditions in the markets. They offer several trading products, whilst clients can choose from two brokerage account options.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.